Performance during the quarter has been impacted due to China’s prolonged Zero-Covid policy.

Filatex India Q3 - Realisations, Margins To Improve Gradually With Easing Of Restriction In China: KRChoksey

KR Choksey is bullish on Filatex India has recommended buy rating on the stock with a target price of Rs 52 in its research report dated February 17, 2023.

Buy Filatex India; target of Rs 52: KR Choksey

Filatex India Standalone December 2022 Net Sales at Rs 1,070.38 crore, down 0.36% Y-o-Y

Filatex India standalone net profit declines 97.21% in the December 2022 quarter

Filatex India stock jumped 11.90 per cent to hit a day high of Rs 47.95 over its previous close of Rs 42.85 amid heavy volumes. Filatex’s board approval for stock split has led to a sharp rise in stock price today, an analyst said

Filatex India shares jump 12% today amid heavy volumes, halt 3-day losing run

Lambodhara Textiles hit a 52-week high of Rs 164, surging 16% in the intra-day trade toda. The stock has rallied 30% in the past two trading days

Textile stocks in focus; Nitin Spinners, Filatex, Lambodhara zoom up to 16%

Sindhu Trade Links Ltd, Godfrey Phillips India Ltd, Ujjivan Financial Services Ltd and G R Infraprojects Ltd are among the other gainers in the BSE’s ‘A’ group today, 09 January 2023.

Filatex India Ltd leads gainers in ‘A’ group

Global Capital Markets saw the biggest jump, as the scrip zoomed 567.73 per cent to Rs 31.25 level on Friday over December 2021-end price of Rs 4.68 apiece

Penny stocks: Toyam Sports, Filatex Fashions, 5 other stocks that turned multibaggers in 2022

Aegis Logistics Ltd, TCNS Clothing Co. Ltd, C.E. Info Systems Ltd and Filatex India Ltd are among the other losers in the BSE’s ‘A’ group today, 28 December 2022.

Great Eastern Shipping Company Ltd leads losers in ‘A’ group

Filatex India stock touched an intraday high of Rs 50, rising 12.11% against the previous close of Rs 44.60 on BSE

Filatex India shares turn ex-split; stock zooms 12%

Stocks to watch out for today: DLF, Reliance Industries, Bank of Baroda, SpiceJet, NTPC, Filatex India and more

Stocks in news: Reliance Industries, DLF SpiceJet, NTPC and more

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Filatex India Limited is a manufacturer of synthetic yarn and textiles. The company's offerings are used in making  zippers, tooth brush bristles, velcro, sarees, dress materials, shirting, socks, hosiery, panty hoses and seamless garments.

Filatex India Ltd